Coinbase Shares Jump 18% After Brian Armstrong Says Exchange Had ‘Turning Point’ First Quarter
Coinbase (COIN) shares surged by more than 18% on Friday after the company’s chief executive, Brian Armstrong, said in an earnings call on Thursday that the exchange had a “turning point” quarter to kick off 2023. Armstrong notes that the company experienced 22% net revenue growth in 2023 Q1 compared to the final quarter of...